Velas Self Reported Market Capitalization Tops $45.50 Million (VLX)

Velas (VLX) traded down 2% against the US dollar during the 24-hour period ending at 17:00 PM ET on March 28th. Velas has a market capitalization of $45.50 million and $1.28 million worth of Velas was traded on exchanges in the last day. Over the last week, Velas has traded down 11.5% against the US dollar. One Velas coin can currently be bought for $0.0177 or 0.00000025 BTC on cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $54.85 or 0.00077432 BTC.
• Internet Computer (ICP) traded down 5.8% against the dollar and now trades at $17.72 or 0.00025010 BTC.
• NEAR Protocol (NEAR) traded down 0.3% against the dollar and now trades at $7.24 or 0.00010214 BTC.
• Cosmos (ATOM) traded 2.3% lower against the dollar and now trades at $12.32 or 0.00017396 BTC.
• Cronos (CRO) traded 5.9% higher against the dollar and now trades at $0.16 or 0.00000220 BTC.
• Hedera (HBAR) traded up 2.2% against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Fetch.ai (FET) traded up 9% against the dollar and now trades at $3.32 or 0.00004686 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.27 or 0.00000385 BTC.
• Akash Network (AKT) traded down 0.5% against the dollar and now trades at $5.31 or 0.00007515 BTC.
• Kava (KAVA) traded up 3.1% against the dollar and now trades at $1.01 or 0.00001430 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,572,935,778 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. Velas’ official message board is velas.com/en/blog. Velas’ official website is velas.com.

According to CryptoCompare, “Velas ™ is a self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.”

Velas Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView